Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) were down 5.9% on Wednesday . The stock traded as low as $7.89 and last traded at $8.0450. Approximately 2,027 shares changed hands during trading, an increase of 2% from the average daily volume of 1,982 shares. The stock had previously closed at $8.55.
Gray Media Price Performance
The firm has a 50 day moving average price of $8.97 and a two-hundred day moving average price of $9.70. The company has a market cap of $821.31 million, a P/E ratio of 19.62 and a beta of 0.96. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.93 and a current ratio of 0.93.
Gray Media (NYSE:GTN.A – Get Free Report) last released its quarterly earnings data on Friday, November 7th. The company reported ($0.24) EPS for the quarter. The business had revenue of $749.00 million for the quarter. Gray Media had a net margin of 2.81% and a return on equity of 5.50%.
Gray Media Company Profile
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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